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Get your taxes done using TurboTax
To enter your town board income without it being subject to self employment tax follow these steps
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With TurboTax open select Wages & Income click on I'll choose what I work on
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Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C
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On the next page, select Other reportable income
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On the page, Other Taxable Income enter Town Board income in the description.
This will put the income on Schedule 1 Line 8 of your Form 1040. You will pay state and federal income tax on the amount, but it will not be subject to self-employment tax.
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February 25, 2020
9:53 AM
1,308 Views